Because the IRS requires you to have no more than a $50K loan balance on your 401K over a rolling 12 month period I had to wait to do another loan even though I had mine paid back in full from when we took it out in 2023. 

Definitely staying there for 2 years and rolling those gains into the next property. 

They don't just roll in with D11's and clear the place. 

In my multis I always paid the water, and it is reflected in the rent roll.

It will allow you to roll existing retirement funds into the 401k (save Roth IRA) and self direct those funds.  

The bottom line was that tax strategizing would only have made a significant difference the year my partner and I got married.Finally, I was told, in their company's words that they are the "Rolls Royce [of taxes]" for real estate investors.

I was going to permit in Oct/Nov 2022 and Ian rolled through, so I waited a bit. 

June rolls in and the work was still not where we needed it to be.

You can take any proceeds tax free and roll into a different investment. 

Throw in that you can dramatically increase the value of the property once you show consistent rent rolls much higher than when the space was used for LTR, and you have a big win.